Kerry Group plc (GB:KYGA) has released an update.
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Kerry Group plc has initiated a buyback program, acquiring 22,500 of its A ordinary shares at an average price of €90.5583 each on Euronext Dublin. This move is part of the company’s broader strategy to repurchase shares worth up to €300 million by June 2025. The share buyback is expected to enhance shareholder value by reducing the total number of shares in circulation.
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